WR1 8.15% 73.0¢ winsome resources limited

Ann: Winsome to raise up to A$60m to accelerate Canadian projects, page-390

  1. 787 Posts.
    lightbulb Created with Sketch. 76
    inr.. hevay diluted , so badly diluted they need a loan as they couldn't cap raise
    after spending mindbogling amounts of cash.. on what not sure .. inr a dream at best
    can they meet criteria for loan? probably not .what is cash burn last 5 yrs, ouch
    and how much do they spend on directors fees
    4 million usd with 2.1 billion shares on issue and rising no doubt
 
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